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Solve clearly, explanation is more important, don't copy. When the federal government orders firms to use particular methods to reduce pollution, it is said to
Solve clearly, explanation is more important, don't copy.
When the federal government orders firms to use particular methods to reduce pollution, it is said to be using global initiatives. command-and-control policies. market-based policies. C 13. O strong-arm tactics.A government action that can help correct positive externalities is O a tax on producers of the good that provides external benefits. 14. O a subsidy to consumers of the good that provides external benefits. a fee charged to producers of the good that provides external benefits. O regulations aimed at reduced production by sellers of the good that provides external benefits.What is the difference between a positive externality and a negative externality? Whether the price rises or falls. 10. Whether the perspective is the buyer's or the seller's. Whether the welfare of bystanders rises or falls. O Whether bystanders have a direct or inverse relationship to the decision maker.A large farming operation which uses a potent fertilizer is located up river from a trout farmer. If property rights of the river exist and transactions costs are low, the amount of pollution will be O efficient if either the farming operation or the trout farmer own the river. O inefficient if the farming operation owns the river. O efficient only if the trout farmer owns the river. 11Why might an efficient outcome be reached even without Coasian bargaining? Social norms can lead people to consider the impact on others, even without bargaining and payments. When many people are involve, the benefits of coming to an agreement are very large. It is not possible to reach the efficient outcome without bargaining and payments. 1 2Step by Step Solution
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